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The Wall Street Journal Online

Franchise Coffee Shop - Raleigh

Raleigh, North Carolina (Wake County)

Photo Available
Asking Price:
$250,000
Gross Income:
$327,518
Cash Flow:
$85,209
FF&E:
$150,000.00 *
Inventory:
$10,000.00 **
Real Estate:
N/A
Year Established:
2009
Employees:
7pt
Business Types:
Other Eating & Drinking Places
Restaurants

** not included in the asking price

* included in the asking price

Business Description

This is a fantastic turnkey opportunity to own a "ready to go" franchise specialty coffee shop. This shop was opened in 2009 and has shown a steady increase in business ever since. This shop is located in a high traffic, destination shopping center and it is well equipped with state of the art coffee brewing equipment and attractive & modern leasehold improvements. The franchisor is one of the world's largest providers of specialty coffee and has been in business longer than the vast majority of other franchise coffee shops. This is a turnkey opportunity with a proven track record, at a fraction of the cost of opening a new shop. All of the heavy lifting of locating, designing and constructing the shop has been already done.

Detailed Information

Facilities:
Approximately 1,467 square of space specifically built as a coffee shop to the franchisor's specifications. The shop has attractive appointments and has all of the modern equipment necessary to run it.
Competition:
While there are other coffee shops serving the market, this shop earns its customers through its strong reputation for top quality specialty coffee and a diverse product offering.
Growth/Expansion:
This shop has enjoyed great growth since it has opened. With a recovery of the economy, one would expect sales to increase further. A recent survey of specialty coffee shop owners has shown that they expect sales growth of 9 to 10 percent over the next 12 months.
Support/Training:
Owner willing to provide training
Reason Selling:
Retirement.
Contact Seller

Broker Information

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Business For Sale Listed By

Tim Martin
Empire Business Brokers Inc.

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Ad#: 688407

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